Energizing China and U.S.

Past wars have been fought over many things: power, land, wealth, religion, food. Right now we’re seeing a non-violent battle to dominate the world’s renewable energy industry. Not only does this obviate the need to control the remaining oil reserves in the Middle East, it could portend the economic and power balance for the rest of this young century.

In addition to heavy government support for wind and solar components in China, the country is moving into making nuclear power plant parts as well. Even companies based elsewhere are building factories to produce renewable energy equipment in China which promises to be the world’s #1 market for new energy hardware. China has very little oil and insufficient coal to support its economy right now. As growth continues, China will become the world’s #1 energy consumer and thus the government there is pushing for more renewable energy production for both home and export markets.

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